A fascist is one whose lust for money or power is combined with such an intensity of intolerance toward those of other races, parties, classes, religions, cultures, regions or nations as to make him ruthless in his use of deceit or violence to attain his ends. The supreme god of a fascist, to which his ends are directed, may be money or power; may be a race or a class; may be a military, clique or an economic group; or may be a culture, religion, or a political party. – Henry A. Wallace

…in the midst of the worst economic crisis since the Great Depression, and seven-plus years into the reign of Bush and Cheney, Reagan’s anti-government battle cry should be on trial. But, stunningly, it is not. This needs to change.

Sarah Palin is the person we need (and deserve) to lead us on our incessant quest for global hegemony and in our ongoing orgiastic gang rape of the Earth. A former beauty pageant contestant noted for her fierce competitiveness who would easily qualify as a MILF in the pornography industry and who takes great pride in her capacity to stick her head up her ass and go for it instead of blinking, this lipstick pitbull embodies nearly all that we worship in a nation fueled principally by narcissism, arrogance, willful ignorance, and belligerence. She may lack the obscene wealth that also triggers our reflexive genuflection, but she will acquire that in time.

"I don’t see one penny of that $700 billion ending up helping the broader economy. I see it being used to prop up share prices so the insiders can salvage as much as possible when dumping their shares".

For anyone who still doubted the growing global influence of such emerging powerhouses as China, consider this: The U.S. governments decision to take control of foundering mortgage giants Fannie Mae (FNM) and Freddie Mac (FRE) was driven not by worries about the fading U.S. housing market, but by concerns that foreign central banks in China, Japan, Europe, the Middle East and Russia might stop buying our bonds.

The frantic scrambling that is going on in Washington marks the passing of only one type of capitalism – the peculiar and highly unstable variety that has existed in America over the last 20 years. This experiment in financial laissez-faire has imploded. While the impact of the collapse will be felt everywhere, the market economies that resisted American-style deregulation will best weather the storm.

Even if Congress backs the Paulson bail-out, the $700 billion blast cannot save the US, Britain or the world from the deepest economic slump since the Thirties. If Congress balks, God help us. The credit system is suffering a heart attack. Inter-bank lending is paralysed. Funds are accepting zero interest on US Treasury notes for the first time since Pearl Harbour, because no bank account is safe.